Month: July 2018

The ex-Tesla employee Elon Musk called a ‘horrible human being’ just slapped the company with a countersuit alleging defamation

On Tuesday Martin Tripp, a former employee at Tesla’s Gigafactory, filed a countersuit against the company. He alleges that Tesla is not living up to its mission to improve the environment, and instead is generating “large quantities of waste and ‘scrap’ vehicle parts lying haphazardly on the ground inside the Gigafactory.” Tesla sued Tripp in […]

A Canadian province just killed one of the world’s largest basic income pilot projects

Ontario’s new premier, Doug Ford, killed its three-year basic income pilot project. The project was started under Ontario’s former government in July of 2017. Ford promised he wouldn’t kill the project during the election campaign. The new government of Ontario, Canada’s largest province, killed its basic income pilot project on Tuesday. Nearly 4,000 people in […]

Apple Earnings: Shares Gain 3% in After Hours

Apple shares climbed 3% in after-hours trading Tuesday after it reported a spike in earnings and revenue that were in line with analyst estimates. The company earned $2.34 per share on revenue of $53.3 billion for its fiscal third quarter, compared with $1.67 per share and $45.4 billion. Analysts on average expected Apple (AAPL) to […]

Apple is climbing after topping Wall Street’s earnings expectations (AAPL)

Apple reported third-quarter earnings that beat Wall Street’s expectations on Tuesday. The company said it earned $2.43 per share on revenues of $53.3 billion Shares climbed as much as 2.6% in after-hours trading Follow Apple’s stock price in real-time here.  Shares of Apple climbed as much as 2.6% in after-hours trading Tuesday following the tech giant’s […]